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Search Results 0 to 49 of about 293 (some duplicates have been removed)
and gloom for the market watchers. what's the truth here. >> traders for a long time figured this was no big deal a big oner. recently they started to take action pulling gold prices higher over $1,600 a troy ounce and a weak dollar means that oil prices are spiking higher almost to $100 a barrel. bar the door if we actually have a default then you could see the big impacts a big market sell-off spiking interest rates. >> shepard: default a much bigger deal than a downgrade. a lot of folks suggest a downgrade coming either way. >> a downgrade could come any time. very big impact on consumer interest rates, mortgage rates, small business loans. you name it, they become more exeivel if those interest rates move higher. also stocks could sell off not good news for your 401(k), shep. >> shepard: no doubt. gerri willis fox business news. her report 5:00 eastern time, 4:00 central on the fox business network jewels up the dial. one republican leader says president obama would rather give speeches about the debt crisis than find a solution. but the president's experts say he is the one actually tal
, of being a terror attack. large explosions. a big bomb in oslo, and then a guy who steals is police uniform or creates one and then goes to the camp, and he also had mom-making materials or a bomb on the island. you begin to say this is an awful big sort of incident to have just one person. so for a lot of reasons i think people assume, based on recent history over the last ten years, of an international terrorism conspiracy. we're now hearing maybe not. this may be a right wing extremist. somebody from their midst. >> fran, this reminds me of the oklahoma city bombing. when that happened it was also so big the initial idea was this had to be a group of some sort, and i guess it was. there were two people involved. it was not a massive group nor a big effort. >> that's right. i think one, you will find this will be hard to do alone. the times square bomber, it's hard to have one guy to get the materials and put it together correctly and detonate it. it's reasonable to suspect he had some amount of help. and we are hearing from media sources the individual in custody may have been a farmer.
. you have a big group of new freshman republican members in the house. they are not budging. they're not listening to just about anybody. it's -- they're going on what they believe is a mandate with this big tea party election in 2010 and they haven't really budged. you're seeing business leaders on wall street saying do something, do anything. this group of freshman republicans aren't really budging. will it have been an impact heez emails and phone calls, who knows. it may mean that house republican leaders have to shift away from what these small group of freshman republicans want. we'll see if it has an impact or not. there's not a whole lot of time left. >> indeed. thank you so much. we will be talking with nbc's chuck todd in a few minutes. >>> the first tropical system of the year has fizzled out. tropical storm don has weakened into a tropical depression. the storm made landfall along corpus christie. it brought little relief to the record breaking heat in the lone star state. here's with your saturday forecast bill karins. good saturday morning to you, bill. >> all the hy
feeling. >> i can't wait to see you in new york. start that race together and give you a big hug at the finish line. >> sounds good. can't wait to see you. >> if you want to follow along with me or any members of the six-pack, logon to cnn.com/sanjay. thanks for being with us this morning. time now to get you back into the cnn newsroom for a check of our big stories. >>> this from the cnn center in atlanta, georgia, this is your saturday morning, k a.m. eastern time and i'm t.j. holmes. two developing stories. first the president summoning congressional leaders back to the white house for a saturday morning conference. this comes the day after the house speaker, john boehner walked out on debt talks. the president calling them right back. >>> also the developing story out of norway where at least 91 people have been killed in two separate attacks in norway. police there say these two attacks are, in fact, linked. still a developing story. we'll have the very latest for you live in just a moment. we need to begin in washington, d.c. with that looming deadline on the nation's debt.
worked out, check their lockers, talked with coaches, which they are now allowed to do. the big questions remain of donovan mcnabb. and in fact he was not here today. he is under contract ands is believed that he will be traded, probably to minnesota. rex grossman is a free agent but we believe he will be resigned. and that leaves us with john beck, who, as everyone knows, he is the starting quarterback. beck is in his 5th year out the byu, drafted in the dolphins in '07 and played with the ravens in 2009. a short time ago i spoke with the man who very well could be the redskins starting quarterback. >> john beck, as happy as anybody that the lockout is over. >> glad it is over and we can be back here working. >> and you're back to work and you've talked all along like you are going to be starter. as a quarterback, you have to be confidence. has mike shanahan told you something that he hasn't told us yet, or is there some inside info that you know you are the starter. >> it's just a competition, is what i've been told, the competition to be that guy and i feel confident in that competitio
no major problems with power right now. and we're not expected to break a record. but big problems are on the track. we have reports of people stranded without air conditioning, on marc trains. there have been power problems. and they're single tracking between here and washington. also, there's an amtrak train that is stalled near new carrollton right now, with 400 people on board. thankfully, though, the air conditioning on that train is working. >> reporter: the sun beat down. baking maryland in record- breaking heat. >> a big, hot wet blanket. >> like i'm in a bowl of hot pea soup. >> feels closer to 114. >> bge, allowed wjz inside its electrical operations control room. the number in red is how many megawatts of power is being used. it's 5500 on a typical day. >> he's not seeing any significant problems. there's been some heat-related problems in what we do in advance of really hot weather. we'll put more resources in the field so they can more quickly respond to power outages. >> reporter: marc train operators are monitoring for problems, after dozens of people were stranded
jersey, hit 106, the highest temperature, ever, for any day, ever, in newark. that shows how big this area of heat is. you can still see heat advisories extending from kansas and toward the mid-atlantic and the eastern seaboard. the heat index from kansas is 106 in wichita and 109 in st. louis and creeping across the northern planes and 92 in minute appear police but the bull's eye is the eastern seaboard and now up to 121 is what it feels like in washington, dc, incredible, and i am sure that is record. and dover, 119, and 116 in newark. a day to stay indoors. at night the temperatures only dropping into the mid 80's. so the house does not cool down and not catching any break from the heat. >> i look forward to the next ice age. when will it end? rick: we are mid-july so the hottest, anyway, so well not see a huge relief but a relief across the north. tomorrow, 94 in chicago and hot across the eastern seaboard at 10- to 15-degrees below today's heat index but the dark colors it heats back up and folks across the south, especially kansas and oklahoma have been dealing with the he
day in solitary confinement today as norwegians rally together. this is not a big country which makes scenes on the streets all the more powerful. flowers still fill the streets of oslo today. it was called the rose march, an extraordinary outpouring of remembrance in downtown oslo spurred first by a single user on facebook. crowds eventually swelled to over 200,000. are you surprised how many people came out? >> no. norway is small country and everyone love each other. >> reporter: it wasn't just norwegians. americans as well. i noticed you came down with both the american flag and the norwegian flag. >> yeah, that's correct. >> reporter: support for both countries? i want norwegians to know everyone is supporting them. >> reporter: norway's prime minister said we are heart broken but not letting fear break us. the fear the result of this man who we got a glimpse of on monday. portraying no emotion. police say he has given them additional information he may have worked with two other terror cells both capable of future attacks. for that reason, he'll spend four weeks in solitary with
was always striving for a big deal. from the speaker's perspective, the white house at the last minute from their view moved the goal posts. they -- what it sounds like, not only comes to some agreement on a framework, but they were talking real details on some of these proposals, having to do with cuts and spending cuts and medicare and enconstitutitlemen all that. after this agreement that they have come to -- it had reached, they say the white house moved the goal posts. and in their view, speaker bane her to step back, take stock of the situation and really look at the calendar very seriously. as he said had, to do something because the white house's vision was not in line with that of congress. and that's why speaker boehner has now made this very aggressive move saying he's now just working with congress on this. >> jessica, we're running very tight on time tonight. i want to get through a lot fast. is there a sense when you look at the numbers that both sides talk about, even if you take their conflicting versions of what happened, i had the sense they were both talking about really
to engage in serious negotiations. >> so, now what is the big question? speaker boehner will rebut the president just about 14 minutes from now. we'll take you there live. in his letter to his colleagues, he said his preference now is to work on a plan in the congress. but the president expects the house and the senate leaders of both parties at the white house saturday morning. is this just theater before a deal or a recipe for gridlock and maybe an economy shattering government default? chief white house correspondent jessi jessica yellin, and kate bolduan, and gloria borger here, jess, the speaker doesn't want to negotiate anymore, and this is not a president known for his anger or his temper, but he seemed pretty piqued. >> reporter: this was the president hitting by far his most frustrated, fed-up note during the debt negotiations by far, john. we heard him say that the republicans just don't know how to say yes. that he offered the most generous package he could. in short he said that he offered them a deal that democrats just didn't like. he was basically saying he was enrag
&p said they need to do to keep the credit rating at triple-a. >> how big of a concern is that? even with the plans the credit rating might still be downgraded? >> it's a very big risk, anderson. there's two different events here and it's hard to keep them separated from each other. the first is getting the debt sealing lifted. that's the critical negotiation under way now. even if we get it lifted, eric's right. standard & poor's is saying even if you get it lifted it's how much you're willing to cut the deficits that they will really judge the triple-a rating of the united states on and if it's something less than $3 to $4 trillion in real cuts they're going to lower the credit rating of the united states for the first time in our history. we've had it since 1917 we've been triple-a. there's a growing sense at top levels here in washington that the chances of a credit rating downgrade is becoming more than just a possibility but moving towards a probability. >> april, for those who haven't been following this as closely as everybody in washington and a lot of other folks have been
>>> good wednesday everybody. i'm contessa brewer covering the big news coast to coast. the big story we're watching right now, debt, deficit, downgrade, deadlock. there's six more days until the august 2nd debt default deadline. really, does anybody think there's going to be a deal? >> it can pass the house and pass the senate. i hope the president will consider signing it into law. >> the speaker's proposal cannot pass the senate, will not reach the president's desk. >> another day, another delay as washington tries to come up with a debt deal. today's breaking news a bipartisan group did the math on both the duelling democratic and republican debt plans and both come up short on their projected savings goals. democrats put their bill on hold. while republicans scramble to rewrite theirs. >> things are very fluid. >> today's house vote tabled while gop leaders try to get reluctant freshman on board. >> i want a solution, not a deal. i don't think this goes far enough. >> does this keep us in the battle. >> john boehner has a group of people that believe their way is the correc
in rural areas. last year the postal service lost $8 billion. the partial shut-down of the f.a.a. is a big windfall for most u.s. airlines this morning. congress failed to fund the budget for the f.a.a., authorization to collect taxes on airline ticket expired. only three airlines though -- alaska air, frontier and virgin atlantic, are dropping fares. other airlines are collecting and keeping $200 million a week. >>> mcdonald's is announcing big changes to its happy meals today. the los angeles times reports the fast food giant will add servings of fruits and veggies to the popular meals and the size of fries will shrink. look for changes in september. >>> and that denver teenager mauled by a bear in alaska is describing the attack from his hospital bed. the weekend attack happened north of anchorage. 17-year-old sam gotsian was on a hike for a survival course. some got away and sam was lucky just to survive. >> i thought i was going to die when i was being attacked. i was so scareded. we saw the first person go around the corner, yell bear and run backwards. i looked behind me and the bea
evening will be a big vote. the specific times aren't set, but we're into a series of days where these vote showdowns will be more and more important. a lot of the strategy will go behind the scenes. account various sides wrangle people to get them to their side? this will not be easy for either majority leader reid or boehner. >> kelly o'donnell for us, thank you. >>> joining me is congressman henry coyer and adam kinninger. gentlemen, good morning. congressman claire, the president asked the american people to call their congressmen, and we understand that some sites crashed, we're hearing that the server for the house is still down. what are you hearing? >> we're hearing from our constituents to make sure we don't have a default. we have to find a solution in a bipartisan way. i know there's two competing interests here, but i'm hoping that we get together and work something out. >> obviously congressman kinninger, a number of your colleagues said they would not support john boehner's plan, so i'm wondering if you will. >> well, i'll let every one of my colleagues speak for th
on this planet as we know it today. that is a very big deal. chris stirewalt joins me, fox news digital politics editor, i should say. so, chris, how long do we have on the planet, life as we know it? what's your take? >> i'm not buying anymore green bananas. [laughter] it sounds like we're headed into real trouble, doesn't it? martha: it sure does. >> well, look, the speaker -- the former speaker, pelosi, now the minority leader in the house demonstrates that before you get to the end on something like this, everybody has to say something totally over the top, and now she's taking her turn. the truth of the matter is we're probably closer now to a deal and closer now to a bipartisan resolution than we ever have been because as house republicans start to saddle up behind john boehner's plan getting over their grumbling about the fact that it doesn't give them everything that they want, it brings us closer to the final vehicle which will get republican and democratic support in the senate and move us on to an increase in the debt ceiling and some kind of a deal. martha: yeah. you know, there are
of some instruments that could -- showing, you know, trouble in the lending market. >> the big question is, will washington let that happen, and right now that answer is not any clearer than it was yesterday morning. we begin with breaking news, though. this titanic struggle that's continued to go on right now to end the debt crisis before next tuesday's deadline. here's a live look at the capitol where overnight, infighting among republicans forced house speaker john boehner to yank his debt bill. they thought there was going to be a vote last night. there is hope he will try to pass it again today. in four hours the speaker will again sit down with fellow republicans and again try to entice just a handful of hardline conservatives to fall in line. >> the bill's not perfect. i never said it was perfect. nobody in my caucus believes it's perfect. but what this bill reflects is a sincere, honest effort to end this crisis in a bipartisan way to send it to the senate where it can receive action. >> now the speaker's bill would cut $900 billion from the budget over ten years in exchange for a
is anything more than a big wet kiss to the right wing, and -- and i mean the tea party. that's who i mean. it's too bad his caucus is being run by such a small number of people. >> what will happen between this very moment and a potential vote tomorrow is anyone's guess in the town that is washington, d.c. amid all the bickering and tinkering, the nation is just six days away from a first ever general default, and the treasury reiterating in a statement moments ago there is no guarantee the government can meet all its obligations after an august 2nd deadline, so what are the remaining options for our dysfunctional government? nbc's kristen welker is at the white house and let's also bring in luke russert on capitol hill. kristen, we know both sides are crafting their budget deals, both trying to take the high road, but are there any signs that the differences between the two sides are narrowing, and does it seem as though they may conflate these two plans? >> reporter: well, at this point we don't have any indication that they are going to conflate the two plans. we should say there are, of c
. >>> the big business of gay marriage. one day before same sex couples tie the knot in new york, how some companies are planning to cash in. >>> good morning, everyone. i'm alex witt. welcome to msnbc saturday. we have two developments in two deadly attacks carried out in norway that left 91 people dead. police have one man in custody suspected in both attacks. one was a bomb set off in downtown oslo, and the other happened not long after when a gunman went on a shooting spree at a teen summer camp at an island outside of oslo. martin fletcher joins me on the phone from oslo. martin, let's talk about what police are revealing about the suspect. what do they know? >> reporter: well, alex, he's 32 years old, and he's a norwegian. interestingly on his facebook page he updated his facebook page just a week ago, and on that he called himself a conservative and he called himself a christian and he said his favorite hobby was hunting. so this paints a picture of a man who seems to be -- well, how can you describe such a person? radical of some kind. the police are saying it looks like it was the
probing with the white house the possibility of a big deal that would be nearly $4 trillion in deficit reduction and include $800 billion in added tax revenues over the next ten years. if he goes this route, i am told he will face a revolt from his republicans on the house including his fellow leaders including kevin mccarthy, i'm told he is still considering it even though it's risky. >> treasury secretary tim geithner joins me now. he would have to manage the chaos if the united states defaults for the first time in history. secretary geithner, thank you for being here. well, you just heard what jonathan said about what'ss on the table. is it possible that there will be a framework deal in place by 4:00 p.m. this afternoon. >> i hope so. again, both leaders recognize they're running out of time. they need to get this process moving in the house by monday night to achieve that deadline. they need to have a framework that they know with complete confidence will pass both houses of congress and is acceptable to the president and that should happen today. >> you think it can happen befor
." big developments expected on the debt ceiling debate. john boehner hopes to unveil a new deal by 4:00 p.m. this afternoon. mike viqueira has more. good sunday morning, mike. >> reporter: well, good morning to you. crunch time in washington after talks in the white house blew up between republicans and president friday night. congressional leaders and staff have been scrambling to find a way out of the mounting crisis and of course, there are nine days to go before the first possible default in u.s. financial history and government history. leaders hope to announce at least later today the framework for an agreement. and they're doing that in part to soothe worldwide market jitters that many of the markets open late today eastern time around the world for monday openings and there's a great deal of concern an adverse effect. john boehner has a proposal on the table. leaders huddled last night to look at it. call for $1 trillion in cuts but dealing with major questions, the most volatile questions that we've seen, including cuts and changes to social security and medicare, and what t
was try to create a new sense of urgency to see if there's a chance to put the big deal back together that he and speaker boehner were close to having this deal last week. but in many ways, this speech was almost oh post mortem, almost setting up the blame game for the fact that no big deal is going to happen. and no matter what happens here at the end of the day, the debt ceiling is going to go up. but nobody is going to be happy about the deal. i can tell you this, ann, i had a bunch of democrats that said to me, would have been a good speech to give two weeks ago. >> i know that he called for public activism, so much so that we hear the capitol hill websites were crashing last night because so many people were trying to e-mail their representatives. it looks like he spooked main street, jim? will he spook also wall street? >> no, not at all. wall street is calm. the markets are looking good today. we had a blip down in the indicators between 9:0 and about 9:20. they came right back. no one is buying the panic, the sky-rocketing interest rates scenario. >> that said, hedge funds are
& friends" starts right now. >>dave: good saturday, everyone, a big news saturday. we thought the heat would be the big story. but anything but. a very serious matter. good to have you here for alisyn. >> all hell breaking loose in many parts of the world including in norway. >> we have new information of the shooting in the shotting massacre and bombing that happened hours apart in norway. >> this as the death toll from the attacks has gone up to 91. and greg is leave in london. greg? >>greg: we have been tracking this story through the night and hour by hour it is worse and worse and the words, the gunman as he shot the victims "you all must die," describing the scene, the prime minister, he turned paradise into hell. and now the events of the shocking attack right now. police now say that 84 people were killed on the island 20 miles from the capital of norway, one of the worst mass shooting sprees in history. the gunman was dressed as a policeman calling teens to come closer and then tee towns the guns on him, machine guns, rifles and pistols and the kids ran, hid, played dead, and tried
, indeed. they raised the stakes earlier on, making a big deal saying he no longer wanted to work with the white house, and yet we're hearing he's going to be at the white house tomorrow morning for more meatings. how is the white house iraqing to this? >> there's a lot of talk about the fact the president has put in repeated calls to speak eer boehner as the president tells it, in order to get a response. the white house made an outreach, an overture of the outline, and the president called speaker boehner's office first, and was told that speaker boehner wasn't available to talk to the president. this is not your stand protocol in president. you make yourself available to talk to the president or shortly thereafter. there is frustration about that expressed here, but there is still an openness and a willi willingness on both sides to negotiate because everybody wants to get the debt ceiling raised, and here, also, they say maybe this obama/boehner framework could be the deal in the end, so it's still not off the table from this perspective. >> you say there's a willingness on bo
at the white house, there were eight. it came out in the open at one point that group was too big. even eight of the top congressional leaders, too unmanageable and too unwielding. harry reid and nancy pelosi, and mitch mcconnell from the senate and john boehner who has been the president's chief interlocker over the several weeks. the question is can they pick up the pieces after the deal crashed and burned, the so-called grand bargain last night? ak moneyy back and forth. the president accusing house speaker john boehner of not returning telephone calls. the target is always moving, and moving the goalpost particular eye the issue of taxes, alex. john boehner said we had an deal on $800 billion in revenues. similar to analogous to taxes in washington speak. over the course of ten years, i've got more on my blackberry at this moment. the president came back to the republicans earlier in the week after getting an earful from democrats after seeing a rival plan emerge in the senate that had higher tax revenues. they blame that for kind of messing this whole thing up, fouling up the whole deal,
for a lot more spending cuts later on. they are running out of room to cut. you will remember the big spending bill earlier this year cut tens of billions of dollars. so if you take a step back and you look at the entire forest there's a lot of spending cuts going on. lot of real spending cuts democrats are arguing that they are going to hurt a lot of people. so those certainly are accounting tricks. in terms of that last little margin to get to the point where they are cutting more than they are raising the debt ceiling which is what republican leaders wanted to do, they needed to rely on some creative use of cbo accounting methods. >> right. this is also interesting, though. even if he does get john boehner, that is, the house, even if he does get the conservatives to fall in lynn and go ahead and vote for this, there seems to be question about whether it will get out of the senate. have you 53 senators, two independents, included who said they are not going to support boehner's proposal. now we are looking at another proposal perhaps harry reid's proposal which the cbo also downgra
reporter dovetails neatly with our big question tonight. keeping them honest, if a strong majority of americans is telling washington they want a deal on the debt crisis, they want these guys to compromise with the other side, they want a mix of spending cuts and tax increases. then why isn't washington getting the mage? we've got new polling that says all of that. and this is important. recent polling may also explain why we haven't got an deal yet. we'll tell you what we're talking about. in any case, americans are speaking out today. >> good morning, speaker boehner's office. how may i help you? >> a summer avalanche of phone calls hitting the capitol. president obama asked for it in his address to the nation last night. here it is. house switchboard today getting nearly double the volume of normal phone calls, house speaker baine er's office reporting as many as 300 people on hold for as long as an hour. online the same story. site unavailable. server busy. we found better than one in three congressional web sites either slow or down entirely from all the volume. also multiple
news. >>> and back to our other big story tonight, the punishing heat that continues to grip our region. here we are after 10:00 tonight live in d.c. and it's 90 degrees outside, feels like 99 degrees, but it's a bit cooler than it was this afternoon. get this. dulles registered the hottest temperature ever on record today, 105 degrees and in the district at times it felt like 120 degrees. sue palka with us now. is it ever going to stop? >> it's hard to almost put into words what we've been through and what i'm noticing is people that have lived in d.c. all their lives, we don't remember anything like this, widespread heat indexes of 115 to 120. the 120 we hit in d.c. which is what it feels like, that combination of heat and humidity, we don't it really keep records on that, but one of the guys at the weather service did a calculation and says you have to go back to july 16th, 1980, to find a day more humid than today. so if it feels like it's been decades, folks, it has. we hope it will be decades before we do it again, shawn. we had a few cooling thunderstorm earlier today and that he
Search Results 0 to 49 of about 293 (some duplicates have been removed)